After costs, if the gap returns to its 7d average, $10k+$45
spread now+0.783%7d average−0.060%fees + slippage, in and out−$40spread needed0.395%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BZ_USDT | 95.810 | 0 | get 0.0000% / 8h | 1h 30m | $9.2M | $16.9M | 100x |
| Short | Coinbase International BRENTOIL-PERP-INTX | 96.560 | −0.0088 | pay 0.0011% / 1h | 30m 53s | $262K | $662K | 15x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $78.28
- Funding while held
- −$2.64
- Slippage, 4 orders
- −$14.53
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $36.11
- Spread needed to break even
- 0.395%
Slippage from Gate: live order book, 4 min ago; Coinbase International: live order book, 24 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0088%
- Per $10,000 a day
- −$2.64
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 4 min ago | 1.04 bp | 10.2 bp −$10 | 18.8 bp −$188 | 33.0 bp −$3,304 | 46.7 bp −$23.4K |
| Sell Coinbase International live order book, 24 min ago | 2.07 bp | 7.1 bp −$7 | 8.6 bp −$86 | doesn't fit | doesn't fit |
BZ price on every exchange
against the cheapest. Click to use as the short leg.BZ on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective BRENT/USDC PERP | −9.573% | −0.0220% | 1h | $13K | $97 | 30x | as long as short |
| Gate BZ_USDTlong | 0.000% | 0.0000% | 8h | $9.2M | $16.9M | 100x | |
| Bybit BZUSDT | +0.031% | 0.0000% | 8h | $10.8M | $14.2M | 100x | as long as short |
| OKX BZ-USDT-SWAP | +0.031% | 0.0000% | 4h | $16.4M | $28.7M | 50x | as long as short |
| Bitget BZUSDT | +0.031% | 0.0000% | 4h | $28.4M | $19.1M | 100x | as long as short |
| Binance BZUSDT | +0.042% | −0.0017% | 4h | $148.9M | $393.3M | 100x | as long as short |
| HTX BRENTOIL-USDT | +0.042% | 0.0000% | 4h | $285K | $120K | 75x | as long as short |
| Extended XBR-USD | +0.054% | +0.0032% | 1h | $595K | $4.8M | 10x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.057% | +0.0050% | 1h | $141.6M | $110.4M | 20x | as long as short |
| Lighter BRENTOIL | +0.063% | +0.0032% | 1h | $3.3M | $3.6M | 20x | as long as short |
Gate BZ_USDT
Coinbase International BRENTOIL-PERP-INTX
Injective
Bybit
OKX
Bitget
Binance
HTX
Extended
tradeXYZ
Lighter
Deribit
GMX
SunX
Paradex
RISEx
BloFin
Kraken Futures
Aster
Polymarket Perps
KuCoin
ApeX Omni
Variational Omni
gTrade (Gains Network)
Phemex